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http://www.annavonreitz.comOut of Thin Air --- and Your Pockets October 29, 2019 By Anna Von Reitz
I am reprinting this article because someone has to let you know what is really going on, so that the urgency of your own action to put an end to this craziness becomes more apparent.
Those of you who are lagging behind the necessary steps --- (1) correct your political status; (2) assemble your State Assembly; (3) repudiate the System and the debt being lavished on you --- are still in harm's way. This mammoth bail out is being funded on your backs, your land, your assets, your labor. You are being enslaved at this very moment to the tune of billions of dollars a day --- so that the fiends in charge can keep their sideshow going.
Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
By Pam Martens and Russ Martens: October 24, 2019 ~
Yesterday the Federal Reserve Bank of New York (New York Fed) announced that the giant money spigot it turned on for Wall Street on September 17 would be growing exponentially beginning today.
The New York Fed will now be lavishing up to $120 billion a day in cheap overnight loans to Wall Street securities trading firms, a daily increase of $45 billion from its previously announced $75 billion a day. In addition, it is increasing its 14-day term loans to Wall Street, a program which also came out of the blue in September, to $45 billion. Those term loans since September have been occurring twice a week, meaning another $90 billion a week will be offered, bringing the total weekly offering to an astounding $690 billion. It should be noted that if the same Wall Street firms are getting these loans continuously rolled over, they are effectively permanent loans. (That’s exactly what happened during the 2007-2010 Wall Street collapse: some teetering Wall Street casinos received, individually, $2 trillion in cumulative loans that were rolled over for two and one-half years – without the authorization or even awareness of Congress or the American people. One bank, Citigroup, received over $2.5 trillion in Fed loans, much of them at an interest rate below 1 percent, at a time when it was insolvent and couldn’t have obtained loans in the open market at even high double-digit interest rates.)
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